Thursday, April 26, 2012

The Third Industrial Revolution?

Brett Ryder
Will the digitization of manufacturing transform the way goods are made - and change the politics of jobs too?  http://www.economist.com/node/21553017  As someone who was born in Northern England -- where the first Industrial Revolution began -- I find the thought of a 3rd industrial revolution very intriguing. http://en.wikipedia.org/wiki/Industrial_Revolution


"But labour costs are growing less and less important: a $499 first-generation iPad included only about $33 of manufacturing labour, of which the final assembly in China accounted for just $8."

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